On September 13, 2021, the U.S. House and Ways Committee released the initial draft of the tax reform provisions that are intended to help fund programs under President Joe Biden’s Build Back Better plan. While changes to the proposed tax reform are expected during the budget reconciliation process, the following blog post explores key provisions […]
Homeowners and businesses across the country have experienced weather-related disasters in recent months. From hurricanes, tornadoes and other severe storms to the wildfires again raging in the West, natural disasters have led to significant losses for a wide swath of taxpayers. If you’re among them, you may qualify for a federal income tax deduction, as […]